Tristar Limited has been acquired by Addison Lee Ltd
Octopus Ventures Limited has sold Tristar Limited to Addison Lee Ltd. for an undisclosed consideration.
Tristar provides chauffeur services. It offers airport transfer and ground support services for international events, hospitality programs, conventions, and corporate and financial road shows. It has more than 200 staff and over 450 drivers. The company has headquarters on three different continents and a multitude of regional centers across Europe, North America and Asia.
Addison Lee is Europe’s largest private hire company providing courier and passenger transportation services. Addison Lee and Tristar have the potential to create a truly global luxury car operator, able to offer a seamless international service across markets and geographies.
Oaklins Cavendish, based in the UK, advised the seller in this transaction. The team has considerable experience in advising luxury brands and premium travel businesses and was able to create a competitive process for the sale of Tristar, drawing on the local expertise of Oaklins' teams across the Far East and in the USA, culminating in the sale to Addison Lee.


Talk to the deal team




Related deals
Technology & Strategy Group expands with the integration of TOPIC
Technology & Strategy Group (T&S), a European expert in consulting, digital and engineering, is developing its engineering business with the arrival of new Dutch partner TOPIC, an expert in embedded systems. The integration of TOPIC will further strengthen T&S’ expertise in system, hardware and software development, which will enable the delivery of more complex, turnkey projects and complete solutions, including end-to-end product development.
Learn moreLitecad has been acquired by The Specialist Group
Litecad, the Netherlands-based engineering firm and provider of technical secondment services, has been acquired by The Specialist Group (TSG), a leading provider of technical engineering specialists for sectors such as power, chemicals, infrastructure, renewables and life sciences. Together, TSG and Litecad will continue supporting clients in their transition towards new energy and sustainable operations.
Learn moreCleanroom Combination Group has been acquired by Craft Capital
Cleanroom Combination Group (CCG), a Netherlands-based leading player in the design, construction and maintenance of high-quality cleanrooms, has been acquired (majority) by Craft Capital, a Netherlands-based private equity firm. By joining forces, CCG will accelerate growth in the market of cleanrooms.
Learn more